Decision details

TREASURY MANAGEMENT STRATEGY AND PRUDENTIAL INDICATORS 2024-25

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Purpose:

To recommend the approval of the Treasury Management Strategy (Investment Strategy, Borrowing Strategy) which sets a framework for the Council's investment and borrowing activity for 2024/25 to Council.

Decision:

Cabinet:

 

1)       RECOMMENDED to Council the prudential indicators and limits are adopted and approved as outlined in Appendix A section 2.

2)       RECOMMENDED to Council to approval of the Treasury Management Strategy as outlined in Appendix A.

3)       RECOMMENDED to Council the Minimum Revenue Provision (MRP) Statement which sets out the Council’s policy on MRP is approved as outlined in para 5.3.

4)       NOTED the linkages to the Capital Strategy due to the integral nature of how the Council manages its treasury finances to support capital development.

Report author: Dawn Garton

Publication date: 07/02/2024

Date of decision: 07/02/2024

Decided at meeting: 07/02/2024 - Cabinet

Accompanying Documents: